🚨 $412 MILLION LEAVES $BTC ETFs
A major development in the Bitcoin market!
According to reported SoSoValue data, US Spot Bitcoin ETFs recorded approximately $411.92 million in net outflows on November 6.
What does this mean?
• More money was withdrawn than deposited.
• BlackRock's IBIT saw around $403 million in outflows.
• Fidelity's FBTC recorded around $42.82 million in inflows.
This shows mixed investor activity, even during a difficult market.
Do you think institutional investors will return to Bitcoin?
Share your thoughts below!
#BTC #BitcoinETFs #JobsReportRaisesHikeOdds #CPITestsDecemberRateOutlook #BitcoinRebounds$75KAsChipsLead
A major development in the Bitcoin market!
According to reported SoSoValue data, US Spot Bitcoin ETFs recorded approximately $411.92 million in net outflows on November 6.
What does this mean?
• More money was withdrawn than deposited.
• BlackRock's IBIT saw around $403 million in outflows.
• Fidelity's FBTC recorded around $42.82 million in inflows.
This shows mixed investor activity, even during a difficult market.
Do you think institutional investors will return to Bitcoin?
Share your thoughts below!
#BTC #BitcoinETFs #JobsReportRaisesHikeOdds #CPITestsDecemberRateOutlook #BitcoinRebounds$75KAsChipsLead